Civic Intelligence

Rancho Los Cerritos Foundation

990 • Fiscal year 2016 • EIN 33-0618231

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 10, 2017

4600 N Virginia RoadLong Beach, CA 90807-1916

(562) 206-2040

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

77th percentile

16%

Higher net margin than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$64,415

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

66th percentile

6.5%

Faster asset growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

14%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,438,977

Up $149,888 (+6.5%) from 2015

Net Assets

Up

$2,415,514

Up $145,997 (+6.4%) from 2015

Liabilities

Up

$23,463

Up $3,891 (+20%) from 2015

Revenue

Up

$969,699

Up $118,267 (+14%) from 2015

Expenses

Up

$812,875

Up $86,186 (+12%) from 2015

Net Income

Up

$156,824

Up $32,081 (+26%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $2,289,089Liabilities 2015: $19,572Net Assets 2015: $2,269,5172015Assets 2016: $2,438,977Liabilities 2016: $23,463Net Assets 2016: $2,415,5142016Assets 2017: $2,610,217Liabilities 2017: $384,329Net Assets 2017: $2,225,8882017Assets 2018: $1,805,289Liabilities 2018: $485,228Net Assets 2018: $1,320,0612018Assets 2019: $1,920,676Liabilities 2019: $449,180Net Assets 2019: $1,471,4962019Assets 2020: $2,231,374Liabilities 2020: $431,183Net Assets 2020: $1,800,1912020Assets 2021: $2,512,679Liabilities 2021: $450,874Net Assets 2021: $2,061,8052021Assets 2022: $2,367,648Liabilities 2022: $448,362Net Assets 2022: $1,919,2862022Assets 2023: $2,740,634Liabilities 2023: $546,558Net Assets 2023: $2,194,0762023Assets 2024: $3,075,088Liabilities 2024: $864,229Net Assets 2024: $2,210,8592024

Highlighted filing

2016

Assets$2,438,977
Liabilities$23,463
Net Assets$2,415,514

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2015: $851,432Expenses 2015: $726,689Net Income 2015: $124,7432015Revenue 2016: $969,699Expenses 2016: $812,875Net Income 2016: $156,8242016Revenue 2017: $1,256,415Expenses 2017: $1,259,899Net Income 2017: -$3,4842017Revenue 2018: $1,432,246Expenses 2018: $2,296,234Net Income 2018: -$863,9882018Revenue 2019: $1,695,844Expenses 2019: $1,616,897Net Income 2019: $78,9472019Revenue 2020: $1,988,911Expenses 2020: $1,752,847Net Income 2020: $236,0642020Revenue 2021: $1,540,496Expenses 2021: $1,392,468Net Income 2021: $148,0282021Revenue 2022: $3,451,605Expenses 2022: $3,397,839Net Income 2022: $53,7662022Revenue 2023: $1,896,404Expenses 2023: $1,755,283Net Income 2023: $141,1212023Revenue 2024: $2,133,660Expenses 2024: $2,219,928Net Income 2024: -$86,2682024

Highlighted filing

2016

Revenue$969,699
Expenses$812,875
Net Income$156,824
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 10, 2017
Return Version
2015v3.0
Gross Receipts
$1,001,279
Mission and Program Overview

Mission

Support the Rancho in preserving the historic site and providing educational opportunities about the areas cultural heritage.

Providing for the preservation, restoration, operation and interpretation of the Rancho.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,114,957$1,743,294▲ $628,337
Savings and Temporary Cash Investments$613,728$399,041▼ $214,687
Cash and Non-Interest-Bearing Accounts$471,948$221,182▼ $250,766
Land, Buildings, and Equipment, Net$74,825$61,542▼ $13,283
Inventories for Sale or Use$13,631$13,918▲ $287
Total Assets$2,289,089$2,438,977▲ $149,888
Liabilities
Accounts Payable and Accrued Expenses$19,572$23,463▲ $3,891
Total Liabilities$19,572$23,463▲ $3,891
Net Assets / Fund Balance
Unrestricted Net Assets$1,072,871$1,302,719▲ $229,848
Temporarily Rstr Net Assets$779,351$682,697▼ $96,654
Permanently Rstr Net Assets$417,295$430,098▲ $12,803
Total Net Assets Fund Balance$2,269,517$2,415,514▲ $145,997
Total Liabilities and Net Assets / Fund Balance$2,289,089$2,438,977▲ $149,888

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$61,542$32,860$94,402

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$417,295-▲ $8,302-$426,227
2014$400,140-▲ $17,155-$417,295
2013$388,485-▲ $11,655-$400,140
2012$377,170-▲ $11,315-$388,485
2011$366,193-▲ $10,977-$377,170
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ellen CalomirisExecutive Director (7-15 to 2-16FT$64,415$64,415
Alison BruesehoffExecutive Director (3-16 to 6-30-16FT$29,332$29,332

Board Members and Trustees

NameTitle
William LorbeerChairperson
Craig CarterVice Chairperson
Alan FoxDirector
Barbara Bixby BlackwellDirector
Craig SmithDirector
Dennis EschenDirector
Jean Bixby SmithDirector
Jim NormandinDirector
Kenneth DamiDirector
Kevin KayseDirector
Kristi AllenDirector
Lee ShoagDirector
Margie NewellDirector
Mark ChristoffelsDirector
Matt KimmelDirector
Pamela MunzerDirector
Richard DempseyDirector
Ronald AriasDirector
Susan Anderson WiseDirector
Vicki HoldenDirector
Vicki PardDirector
John FielderChief Financial Officer
Mary Hancock HindsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$833,028
Program Service Revenue
$62,977
Investment Income
$19,129
Other Revenue
$54,565
All Other Contributions
$313,028
Change in Net Assets
$156,824

Audited Revenue Reconciliation

Revenue per Audited Statements
$969,699
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-10,827
Total Revenue per Audited Statements
$958,872
Total Revenue per Form 990
$969,699
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$495,579
Other Expenses$317,296
Total Fundraising Expense$105,210
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$274,530$75,415$85,114$435,059
Other Expenses$46,181--$46,181
Occupancy$33,844$4,510$4,510$42,864
Payroll Taxes$27,024$4,504$4,504$36,032
Fees for Services Other$16,020$8,184$2,885$27,089
Other Employee Benefits$18,496$3,767$2,225$24,488
Office Expenses$11,485$4,651$4,461$20,597
Advertising$14,185$1,186$756$16,127
Insurance$13,001$726$726$14,453
Depreciation Depletion$13,283--$13,283
Information Technology$3,133$146$29$3,308
Conferences and Meetings$686--$686
Total Functional Expenses$604,576$103,089$105,210$812,875

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$812,875
Total Expenses per Audited Statements$812,875
Total Expenses per Form 990$812,875
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,145
Fundraising Direct Expenses$31,580
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$86,145$86,145$31,580$54,565
Total Events$86,145$86,145$31,580$54,565
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

A copy of the return was made available to the board members prior to filing the return.

Form 990, Part VI, Section B, line 12C

The Organization requires an annual review for conflicts of interest which is documented in writing

Form 990, Part VI, Section B, line 15A

The board of directors reviews and approves the compensation of the Executive Director. The board considers comparability data and there is contemporaneous substantiation of the deliberation and decision.

Form 990, Part VI, Section C, line 18

The Organization makes its form 1023 and 990 available to the general public at its corporate offices during normal business hours.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public at its corporate offices during normal business hours.

Filing and Contact Details

Filer

Filer Name
Rancho Los Cerritos Foundation
EIN
33-0618231
Phone
5622062040
Address
4600 N VIRGINIA ROAD, LONG BEACH, CA 90807-1916

Signing Officer

Name
Alison Bruesehoff
Title
Executive Director
Phone
5625701755
Signed
2017-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alison Bruesehoff
Formed
1994
Legal Domicile
CA
Voting Board Members
23
Independent Board Members
23
Employees
15
Volunteers
150

Preparer

Firm
Kenneth Cecil Accountancy Corp
Address
6700 E PACIFIC COAST HIGHWAY, LONG BEACH, CA 90803
Preparer
Kenneth Cecil
Phone
5625948794
Supplemental Narrative

Financial Statement Notes

Part III, Line 1A:

The Organization has elected as permitted under generall accepted accounting standards, not to report on its balance sheet or statment of activities information related to historical treasures held for public exhibition, education or research in the furtherance of public service.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Executive Dir (7-15 to 2-16
IRS990/Form990PartVIISectionAGrp/TitleTxt24Executive Dir (3-16 to 6-30-16
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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